Our microfinancing offering can help you apply for or expand the franchise business you’ve always wanted.
Franchising has never been this easy! Our no-collateral business express loan can help jumpstart or expand your franchise business. You can use the funds to:
|Loan Term||Monthly Add-on Interest|
|Minimum Loan Amount||P500,000|
|Maximum Loan Amount||P5,000,000|
No collateral required for loans up to P5,000,000
Avoid the hassle with minimal application requirements
Enjoy seamless processing & approval in as fast as 5 days!
Loan proceeds are auto-credited upon disbursement of funds.
|Processing fee||PHP 2,000*|
|Notarial fee for Sole Proprietorships||PHP 400|
|Notarial fee for Partnerships and Corporations||PHP 800|
|DST||Approved Loan Amount / 200 * 1.50|
|Penalty fee||3% of past-due amount for the month|
*The P2,000 processing fee will be waived if an average daily balance of P100,000 is maintained for 3 months (from opening date).
You can apply through:
You will receive an SMS upon loan approval and a SPOC will reach out to you to set a booking appointment in the branch.
Upon booking, loan proceeds will be credited directly to your identified account. If you do not have a Security Bank CA/SA account at point of booking, you will have to open an account with the branch.
All Business Express Loans (BEL) monthly amortizations will be collected either via the Auto-Debit Arrangement (ADA) from their nominated or identified Security Bank deposit account or via Postdated Checks (PDCs) for New-To-Bank (NTB) clients.
Yes, the loan can be pre–terminated the loan but there will be a processing fee equivalent to 3% of remaining principal balance plus unpaid interest for the month that shall be applied to your account.
Loans can be re-availed as long as half of the balance of the original loan term has been paid, and there has been no record of missed payments. Example: Original loan term is for 12 months and amortizations have been paid for 6 months already, client can apply for re-availment. Upon booking, the previous loan balance will be deducted from the proceeds of the new loan.
Borrower cannot avail two separate loans at the same time. At least half of the term for the existing loan must be paid off first before they can apply for another loan.